In the Wednesday trading session, the benchmark index Sensex settled with a marginal 11-point gain, concluding at a level of 65,087. Amid this unstable trading period, four stocks from the BSE capital goods index reached new peaks within the past 52 weeks. The 52-week high metric functions as a crucial technical measure to assess a stock’s present value and predict possible changes in its price. This figure signifies the peak price at which a stock has traded throughout the preceding year
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise
September 28, 2026